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Sir Jim Ratcliffe’s Ineos Energy has halted all new investment in the UK and will divert spending to the United States, citing Britain’s ‘unstable fiscal regime’ and high energy prices.
[Read more…] about Ineos halts UK investment over North Sea taxExxonMobil is suing the EU in a bid to force it to scrap the bloc’s new windfall tax on oil groups, arguing Brussels exceeded its legal authority by imposing the levy.
[Read more…] about ExxonMobil sues EU in move to block windfall tax on oil companies
